Seaport Res Ptn Forecasts News’ Q2 Earnings (NASDAQ:NWSA)

News Co. (NASDAQ:NWSAFree Report) – Investment analysts at Seaport Res Ptn dropped their Q2 2026 earnings per share (EPS) estimates for shares of News in a report issued on Thursday, May 15th. Seaport Res Ptn analyst D. Joyce now expects that the company will earn $0.29 per share for the quarter, down from their previous forecast of $0.39. Seaport Res Ptn currently has a “Strong-Buy” rating on the stock. The consensus estimate for News’ current full-year earnings is $0.94 per share. Seaport Res Ptn also issued estimates for News’ FY2026 earnings at $0.88 EPS.

A number of other equities research analysts have also recently commented on the company. UBS Group raised News from a “neutral” rating to a “buy” rating in a report on Tuesday, February 4th. Guggenheim restated a “buy” rating and set a $45.00 price objective on shares of News in a research report on Thursday, May 15th. Morgan Stanley cut their price objective on News from $38.00 to $37.00 and set an “overweight” rating for the company in a research report on Friday, April 11th. Finally, StockNews.com upgraded News from a “hold” rating to a “buy” rating in a research report on Wednesday, May 14th. Seven research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $39.20.

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News Price Performance

NASDAQ:NWSA opened at $28.33 on Monday. The company has a quick ratio of 1.65, a current ratio of 1.73 and a debt-to-equity ratio of 0.22. The business’s 50-day simple moving average is $26.84 and its two-hundred day simple moving average is $27.89. The stock has a market cap of $16.04 billion, a PE ratio of 38.81 and a beta of 1.30. News has a 52 week low of $23.38 and a 52 week high of $30.69.

News (NASDAQ:NWSAGet Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.02). The company had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2 billion. News had a return on equity of 5.31% and a net margin of 4.22%. News’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.13 earnings per share.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Larson Financial Group LLC grew its position in News by 2,392.9% in the fourth quarter. Larson Financial Group LLC now owns 1,047 shares of the company’s stock worth $29,000 after acquiring an additional 1,005 shares in the last quarter. Optiver Holding B.V. purchased a new position in shares of News during the fourth quarter valued at approximately $31,000. Lee Danner & Bass Inc. purchased a new position in shares of News during the fourth quarter valued at approximately $36,000. Sentry Investment Management LLC purchased a new position in shares of News during the first quarter valued at approximately $36,000. Finally, Caitong International Asset Management Co. Ltd boosted its position in shares of News by 12,084.6% during the first quarter. Caitong International Asset Management Co. Ltd now owns 1,584 shares of the company’s stock valued at $43,000 after buying an additional 1,571 shares during the period. Hedge funds and other institutional investors own 66.97% of the company’s stock.

About News

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News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses worldwide. It operates through six segments: Digital Real Estate Services, Subscription Video Services, Dow Jones, Book Publishing, News Media, and Other.

See Also

Earnings History and Estimates for News (NASDAQ:NWSA)

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